What’s a Franchise?

By: A Staff Writer

Updated on: Jul 13, 2024

Ever seen those familiar logos everywhere and wondered how that works? It’s the power of franchising!

The Basic Deal: A franchisor (the big brand) grants a franchisee (individual owner) the right to use their name, systems, and products.

Recipe for Success: Franchisees get a proven business model, training, and support.

It’s a Partnership: Franchisors want franchisees to thrive, as their success is tied together.

Franchising is like buying a business-in-a-box with a support network to help you succeed.

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